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Gold/Mining/Energy : Uranium Stocks

URNM 53.29

-2.0%

Dec 17 4:00 PM EST

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To: Goldberry who wrote (4226)	11/21/2006 9:50:09 PM
From: TheSlowLane	Read Replies (1) of 30220

From Forum's news release today: "Strong chloritization and hematization were observed in most of the uranium occurrences over a 200m by 200m area. A strongly silicified and hematized graphitic metapelite outcrop assayed 1.07% U3O8 over a 20m strike length. Further grab samples of calc-silicate and metapelite assayed 0.15%, 0.21%, 0.29%, 0.58%, and 1.82% U3O8. Isolated uranium mineralization is found up to one km south of the main zone that is separated by overburden and swamp cover." A couple of things... - 1.07% is a very good grade - 20m is a decent interval - it is at surface - it is from a 200m x 200m area - grab samples indicate potential for higher grades On top of all of that, if this showing is connected to the showing 1km away, then we have major size. The fact that they are going to go ahead and drill it indicates that the company thinks there is some potential here. Looking good...

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